Gamesa to Take Stake in Vestas
As Part of Its Expansion Effort

MADRID -- Spanish engineering group Gamesa SA has reacquired the 40% stake in wind-power unit Gamesa Eolica held by Vestas Wind Systems of Denmark for 287 million euros ($255.0 million).

The deal removes the one big obstacle to international expansion that Gamesa faced -- limits placed on the original deal by Vestas regarding which countries Gamesa can sell its wind turbines to -- even as the companies extend their technology-sharing...